If you’re looking to buy in FRANKSTON then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have not risen much to $545,000 over the last year.
FRANKSTON 3199 has seen a high level of growth in it’s population over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in FRANKSTON, 3199 rank at number 556th in State or 3768th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in FRANKSTON, 3199 should have seen some difference. While the latest census median annual household figure income is now $49,608, it was $40,367 back in 2006, which is a net increase of $9,240 Subtract from that the median mortgage repayment increase of $4,944 and a mortgage broker’s clients could be up to $4,296 better off each year even without factoring in mortgage rate cuts.